Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.83% | -0.23 | 1.06% |
| Return on Equity (%) | ▼ | 9.45% | -3.99 | 13.44% |
| Net Interest Margin (%) | ▼ | 3.62% | -0.13 | 3.75% |
| Efficiency Ratio (%) | ▼ | 78.14% | +5.12 | 73.03% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.14 | $0 |
| Cost of Funds (%) | ▼ | 1.00% | +0.10 | 0.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $152 | -0.18 | $152 |
| Gross Loans ($M) | ▲ | $69 | +0.41 | $68 |
| Loan Growth YoY (%) | ▲ | 49.53% | +0.88 | 48.65% |
| Total Deposits ($M) | ▼ | $138 | -1.62 | $140 |
| Shareholders Equity ($M) | ▲ | $14 | +1.40 | $12 |
| Tang. Book Value ($M) | ▲ | $14 | +1.40 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +1.42 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 49.53% | +0.88 | 48.65% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.08 | 0.10% |
| Allowance / Loans (%) | — | 0.48% | -0.03% | 0.51% |
| Net Charge-Off Ratio (%) | ▲ | 0.04% | -0.17 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▅▄▆█▇▃▁ | Net Interest Margin (%) | 3.77% | 3.73% | 3.71% | 3.75% | 3.80% | 3.78% | 3.67% | 3.62% |
| █▆▅▇█▆▂▁ | Return on Assets (%) | 1.08% | 1.02% | 0.97% | 1.06% | 1.10% | 1.03% | 0.89% | 0.83% |
| ▁▃▄▂▁▃▇█ | Efficiency Ratio (%) | 72.7% | 74.1% | 74.8% | 73.0% | 72.2% | 73.9% | 76.9% | 78.1% |
| ██▃▁▁▁▁█ | Cost of Funds (%) | 0.99% | 0.99% | 0.93% | 0.90% | 0.89% | 0.90% | 0.90% | 1.00% |
| ▂███▇█▁▁ | NPA / Assets (%) | 0.03% | 0.09% | 0.09% | 0.10% | 0.08% | 0.10% | 0.02% | 0.02% |
| ▂███▇▁▁▁ | Net Charge-Off Ratio (%) | 0.06% | 0.21% | 0.20% | 0.22% | 0.19% | 0.04% | 0.05% | 0.04% |
| ▁▁▁▃▆█▇█ | Tang. Book Value ($M) | $12 | $12 | $12 | $12 | $13 | $14 | $13 | $14 |
| ▁▁▃▇▇█▁█ | Gross Loans ($M) | $66 | $66 | $67 | $68 | $68 | $69 | $66 | $69 |
| ▁▆▇▇▇█▆▆ | Total Deposits ($M) | $131 | $138 | $139 | $140 | $139 | $141 | $137 | $138 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 3% |
| Consumer | 10% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 20% |